Archives for May 2008
May 1st, 2008
The Spanish Instituto Nacional de Estadistica (INE), or National Statistics Institute, has published the findings of its research into the Spanish property market and revealed that property transfers across the country fell by 14.1% y-o-y in February and 9.1% on January’s figures. In terms of total transactions, or ‘merchanting’ as ...
Continue reading Spanish Property Transfers Fall 14%
May 2nd, 2008
The promoters and builders’ association of spain (APCE) showed willingness to make sacrifices and lower housing prices if the government gives them help and adopts their suggestions for reactivating the real estate market. Among their requests is the creation of a new category of housing somewhere between de-regulated and subsidised, more ...
Continue reading APCE Adopt G14 Tactics
May 5th, 2008
Expats who are as fed up with Britain's pension regime as they are with the weather can now take their funds with them and never have to buy an annuity thanks to new rules on overseas pensions. Many of the 400,000 Britons who move abroad each year can now pack ...
Continue reading Exportable Pensions
May 6th, 2008
Catral's town hall states that 1,300 illegal properties in the municipality will no longer be demolished. The municipality of Catral is one of the most popular places for Brits to own a second home or to relocate to on the Costa Blanca. However, this fact means it has also attracted the attention ...
Continue reading Costa Blanca to End Building Stress
May 6th, 2008
Remember last week we reported on an article entitled 40% Discounts in Catalunya? We made contact with the developers in question but they're swamped with enquiries at the moment - so there's no immediate prospect of those properties appearing on Kyero.com. If you're interested in learning more, these are their ...
Continue reading Who Are the Bad Guys in Spain?
May 7th, 2008
Britons are heading for the Spanish island of Lanzarote in record numbers. Figures released from the Spanish airport operators, AENA and Cabildo de Lanzarote, show that the number of UK visitors to the resort rose by 8.7% during the first three months of the year. While an early Easter will have bumped ...
Continue reading Brits Fuel Lanzarote Property Market
May 8th, 2008
On the 3rd May last, a meeting to discuss planning abuse problems in Almeria was held at the Best Hotel in Marina de la Torre, Mojacar , which almost 400 people attended. The meeting was chaired by Lennox Napier of the political party Cuidadanos Europeos de Mojacar, and was organised with ...
Continue reading Planning Abuse in Almeria
May 9th, 2008
Owners of rental accommodation in Spain are set to benefit from the launch of new flights from the UK. LTE International Airways will begin offering flights to Norwich International Airport from Alicante, Palma and Barcelona in July. This is a significant development for consumers who live in the Norfolk region, as it ...
Continue reading Norwich to Spain Takes Off
May 12th, 2008
The average price of a flat in London is worth the same as two Spanish villas, according to new figures. According to A Place in the Sun Live, a typical London apartment costs almost £304,000. This means Londoners may want to consider moving abroad top get more for their money. For the ...
Continue reading 1 London Flat = 2 Spanish Villas
May 21st, 2008
VERY few regulators emerge from this crisis looking good. The Americans did not see the poison from unregulated mortgage originators seeping into the credit system. The Germans did not spot the huge exposures to off-balance-sheet entities at various Landesbanks, and the Swiss missed the grenades strapped to UBS's investment-banking arm. Following ...
Continue reading Curbing Bank Greed
